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16 Mar
16:01

AM Castle sheds plastics division

Oak Brook, Illinois-based service centre chain AM Castle has finished the divestiture of its plastics division to focus on metals alone, Kallanish learns from a company release. The company’s Total Plastics Inc subsidiary was sold to Southlake, Texas’ Prophet Equity for $55 million. “This sale enables Castle to be singularly focused on our metals business and underscores our commitment to making Castle more streamlined and cost effective, so…
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